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UBS: Stock Market Gains Minted Nearly 1 Million New Millionaires in 2025 as Global Wealth Rose 10.8%

7/4/2026

Global personal wealth climbed 10.8% in 2025, the largest annual gain since 2017, according to a new report from UBS.

The surge produced a tangible threshold effect: stock market appreciation alone generated nearly one million new millionaires over the course of the year.

The Scale of the Advance The 10.8% increase is the headline figure buy-side allocators will reach for first.

UBS identified it as the sharpest rise in global personal wealth in eight years — the prior comparable year being 2017, itself a period defined by broad equity gains and synchronized global expansion.

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